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Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated today, with the survey results showing that China Consumer Confidence Index rebounded 0.9 point to 92.9 in August after a 3.1-point plunge in July. Current conditions fell further by a slight 0.8 point to 90.1, while future expectations rose by 1.8 points to 94.4, and concerns on future general price rises eased.
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The Asian Development Bank (ADB) is to help Pacific countries come up with ways of cushioning the impact of high prices on the poor.
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Will Japan's second quarter slowdown prove to be a one quarter wonder? After a sharp, 8% recovery in exports in July, from June's slump (the first in five years), anything is possible as exports are a good indicator for overall performance.
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Venture capitalists were eager to back advertising start-ups in India during the second quarter of 2008, according to the Quarterly India Venture Capital Report released by Dow Jones VentureSource, which found that $89 million-nearly 37% of the region's quarterly investment total-went to five advertising/marketing companies, more than any other sector. Overall, India attracted $238 million in venture investment with 17 deals closed in the second quarter, a 120% increase over the $108 million invested in 12 deals during the same period in 2007.
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What course will Chinese manufacturing follow is a hot topic recently. Although, few Chinese brands are famous in the global market, Chinese manufacturers are resoundingly prominent in the Chinese economy. From clothing, shoes and hats, to notebook computers, mobile phones, "Made in China" has become a synonym for bargain, with various clothing, shoes, and hats to notebooks and mobile phones.
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Mobile communications' rapid development is still the major impetus of China's telecom steady growth in the first half year of 2008, with an income going up 15.9% year-on-year and a market share of 53.6%.

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The economic costs of poor hygiene and sanitation in Indonesia reached an estimated US$6.3 billion, or 2.3 percent of GDP in 2006, according to a new report released by the Water and Sanitation Program.
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The second quarter of 2008 saw venture investment in Mainland China surge to its highest level in five years as venture capitalists put nearly $1.37 billion into 71 deals, more than double the $662 million invested in 69 deals during the same period last year, according to the China Quarterly Venture Capital Report released by Dow Jones VentureSource.
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GfK Asia releases its 2008 Mid Year Pan Asia Consumer Electronics Data Summary, highlighting the trends in the region's growing consumer electronics sector and showing a retail spend of approximately US$ 11.5 Billion dollars in the first half of 2008, which is an increase of 13% year on year.
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Spiralling food prices – a strong theme throughout this report last quarter – were expected to make themselves known in the first quarter financial results releases of the country’s leading food and beverage producers; this did not happen. Instead, the food, beverage and retail industry’s leading players have posted strong net profit and revenue growth for Q108.
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